Keyence (OTCMKTS:KYCCF) Stock Price Down 5.3% – Here’s What Happened

Keyence Corporation (OTCMKTS:KYCCFGet Free Report) fell 5.3% during trading on Monday . The company traded as low as $422.01 and last traded at $425.00. Approximately 74 shares were traded during trading, a decline of 98% from the average session volume of 4,589 shares. The stock had previously closed at $448.7750.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on KYCCF shares. Zacks Research raised shares of Keyence to a “hold” rating in a report on Tuesday, May 19th. The Goldman Sachs Group raised shares of Keyence from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. Finally, Erste Group Bank upgraded shares of Keyence to a “strong-buy” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

View Our Latest Stock Report on Keyence

Keyence Stock Performance

The firm has a 50 day moving average of $485.63 and a two-hundred day moving average of $422.82.

Keyence Company Profile

(Get Free Report)

Keyence Corporation, established in 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, is a leading developer and manufacturer of automation and inspection equipment. The company focuses on delivering advanced technologies that improve manufacturing efficiency and quality control for a broad range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging.

Keyence’s product portfolio encompasses a variety of sensors, vision systems, laser markers, digital microscopes and measuring instruments.

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